Tuesday, October 16, 2012

Crude Oil‏ (Nov 12) intraday: further upside.


Pivot: 90.80
Our preference: LONG positions above 90.8 with 92.9 & 93.7 in sight.
Alternative scenario: The downside penetration of 90.8 will call for a slide towards 89.8 & 89.3.
Comment: the upward breakout of the descending channel is bullish signal.


USDCHF Technical Analysis - Sell at 0.9955

USDCHF made a nice bull move from 0.9716 to 0.9990. Then USDCHF drops from over bought zone. USDCHF is trading below its 20 period MA on 4h ...